RPC (RES) financial statements
RPC reported revenue of $1.6B in fiscal 2025, up 9.3% a year over 9 years.
Net income was $32M and the operating margin 2.8%, against -32.8% in 2016.
Free cash flow was $53M, and the company returned $35M in dividends and $3M in net buybacks.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from RPC's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $729M | $1.6B | $1.7B | $1.2B | $598M | $865M | $1.6B | $1.6B | $1.4B | $1.6B |
| Cost of revenue | $608M | $1.1B | $1.2B | $920M | $481M | $663M | $1.1B | $1.1B | $1.0B | $1.2B |
| Gross profit | $121M | $544M | $538M | $303M | $118M | $202M | $514M | $528M | $378M | $394M |
| Selling, general and admin | $151M | $159M | $168M | $168M | $124M | $124M | $149M | $166M | $156M | $176M |
| Operating income | -$239M | $226M | $210M | -$114M | -$310M | $16M | $288M | $245M | $98M | $45M |
| Interest expense | $681,000 | $426,000 | $489,000 | $334,000 | $373,000 | $2M | $614,000 | $341,000 | $724,000 | $3M |
| Pre-tax income | -$239M | $233M | $221M | -$113M | -$309M | $16M | $290M | $256M | $113M | $57M |
| Income tax | -$98M | $70M | $46M | -$26M | -$97M | $9M | $71M | $61M | $21M | $24M |
| Net income | -$141M | $163M | $175M | -$87M | -$212M | $7M | $218M | $195M | $91M | $32M |
| EPS (diluted) | -$0.66 | $0.75 | $0.82 | -$0.41 | -$1.00 | $0.03 | $1.01 | $0.90 | $0.43 | $0.15 |
| Diluted shares | 214M | 214M | 213M | 212M | 212M | 213M | 213M | 213M | 211M | 212M |
| Gross margin | 16.6% | 34.1% | 31.3% | 24.8% | 19.6% | 23.3% | 32.1% | 32.6% | 26.7% | 24.2% |
| Operating margin | -32.8% | 14.2% | 12.2% | -9.3% | -51.8% | 1.9% | 18.0% | 15.1% | 6.9% | 2.8% |
| Net margin | -19.4% | 10.2% | 10.2% | -7.1% | -35.5% | 0.8% | 13.6% | 12.1% | 6.5% | 2.0% |
Balance sheet
Fiscal years, from RPC's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $132M | $91M | $116M | $50M | $84M | $82M | $126M | $223M | $326M | $210M |
| Receivables | $169M | $378M | $324M | $243M | $162M | $259M | $417M | $325M | $277M | $328M |
| Inventory | $108M | $115M | $130M | $101M | $83M | $79M | $97M | $111M | $108M | $119M |
| Total current assets | $479M | $640M | $619M | $437M | $428M | $492M | $703M | $727M | $733M | $704M |
| Property, plant and equipment | $498M | $444M | $518M | $517M | $264M | $254M | $333M | $435M | $514M | $532M |
| Goodwill | $32M | $32M | $32M | $32M | $32M | $32M | $32M | $51M | $51M | $83M |
| Total assets | $1.0B | $1.1B | $1.2B | $1.1B | $791M | $864M | $1.1B | $1.3B | $1.4B | $1.5B |
| Total current liabilities | $101M | $145M | $143M | $101M | $80M | $131M | $179M | $152M | $182M | $217M |
| Total liabilities | $229M | $236M | $249M | $223M | $159M | $223M | $271M | $264M | $308M | $369M |
| Shareholders' equity | $807M | $912M | $950M | $830M | $632M | $642M | $858M | $1.0B | $1.1B | $1.1B |
| Net debt | -$132M | -$91M | -$116M | -$50M | -$84M | -$82M | -$126M | -$223M | -$326M | -$210M |
Cash flow
Fiscal years, from RPC's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $102M | $134M | $389M | $209M | $78M | $48M | $201M | $395M | $349M | $201M |
| Capital spending | $34M | $118M | $243M | $251M | $65M | $68M | $140M | $181M | $220M | $148M |
| Free cash flow | $68M | $16M | $146M | -$41M | $13M | -$20M | $62M | $214M | $129M | $53M |
| Stock-based compensation | $10M | $11M | $9M | $9M | $9M | $7M | $6M | $8M | $9M | $12M |
| Dividends paid | $11M | $43M | $101M | $32M | — | — | $9M | $35M | $34M | $35M |
| Share buybacks (net) | -$3M | -$27M | -$43M | -$7M | -$826,000 | -$567,000 | -$918,000 | -$21M | -$10M | -$3M |
| Free cash flow margin | 9.3% | 1.0% | 8.5% | -3.4% | 2.2% | -2.3% | 3.9% | 13.2% | 9.1% | 3.3% |
| Dividends per share | $0.05 | $0.20 | $0.48 | $0.15 | — | — | $0.04 | $0.16 | $0.16 | $0.17 |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for RES.
Open RES in InvestinglyQuestions
What was RPC's revenue in 2025?
$1.6B in fiscal 2025, from its 10-K filing.
How much free cash flow does RPC generate?
$53M in fiscal 2025 (operating cash flow minus capital spending).
From RPC's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.